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her 80-year-old husband, smacking the attacker in the head. big jab. we'll have more on the man behind the pie all later in the show. by the way, in about an hour from now, the uk prime minister david minister, he's expected to speak in front of parliament hoping to stop further damage to the government from this scandal. so to get some of the latest on the investigation and a preview of what will happen in today's speech, martin flesher joins us live from london. there is an emergency session of parliament today, this has brought david cameron back into the country to be able to speak before the people there. what do we expect to hear? >> that's right, today's highlight, every day brings some dramatic development. today the star there will be david cameron. he actually called for the emergency session. he cut short a trip to africa to try to take control of this. he'll face a grilling, though. the key questions will be very significant questions for him. why did he hire a former news of the world editor despite warnings, how much did he know about the phone hacking investigation, when
, i'm up, big. >> that's a great reference at 5:340. luke, i'm impressed. you must have been up and had your coffee. help us what's going on luke. you covered the hill every single day. people who watched this who aren't like us, kind of nerds following every moment of this get home from work and they say what happened exactly today, are we any further than we were. how can beget toward a deal by next tuesday? >> well, the big news that came out from yesterday was that john boehner was having a great difficult getting to 217 votes, the majority in his house on his plan to raise the debt ceiling. then he got bad news from the congressional budget office, which is a non-partisan budget office that scores these bills which says that his plan, which claimed to have saved over a trillion dollars in spending over the next ten years really only saved about $850 billion. so it didn't save nearly as much as he said it did and it actually back ended a lot of the savings. so in the first few years there was only about $5 billion worth of savings which is not acceptable to a lot of the tea
the bigger the government, the smaller the people. and right now, we've got a government so big and so expensive it's sapping the drive out of our people. and keeping our economy from running at full capacity. the solution to this crisis is not complicated. if you're spending more money than you're taking in, you need to spend less of it. >> the speaker also accused president obama of standing in the way of a bipartisan agreement. reiterating his claim that the house plan is the best option to cut the deficit. >> before we even pass the bill in the house, the president said he would veto it. i want you to know i made a sincere effort to work with the president. to identify a path forward that would implement the principles of cut, cap and balance, in a manner that could secure bipartisan support and be signed into law. and i'll tell you, gave it my all. unfortunately, the president would not take yes for an answer. even when we thought we might be close to an agreement, the president's demands changed. >> and the speaker called the plan put forth wi majority leader, harry reid, quote f
could mean big losses on wall street and beyond. for more on today's trading session, a lot of people watching how all this affects markets, geoff cutmore is live for us in london. >> reporter: good morning. you know the markets would like to see some resolution on this, as well. the meant that the boehner deal seemed to be falling apart, we saw the u.s. futures go negative and that's where they remain at this point. the european market open also has been very lackluster. we're in negative territory and it ain't about the earnings. it's all about getting a settlement to the debt ceiling story. >> and a lot of this country's ceos of the biggest banks are starting to chime in. what are they saying? >> reporter: well, it's been a very tough period for the banks as you know. a lot of people still feel they have a big hand in the responsibility for the credit crisis. but so many years away from that, they are looking to gain from a pickup in the u.s. growth story. but if the debt ceiling issue doesn't get resolved, fears that it would hold back invest himself that will mean third quarter a
't want this man to get the chance to spread the message that he wants to spread today. it's a big decision. there's a lot of people here. you can imagine the frantic mood outside of the courthouse and inside this hallway. >> one of the details that jumped out over the last couple days to a lot of people was this number of 21 years. some people believethars for th death of at least 93 people if he is found dlt of that. but it's more nuanced than that. can you explain that, jay? >> it is. and 21 years is the sentence at this point. there's a new law, but there's an act that would make it longer, 30 years. what prosecutors hope to do in this case, is after that time is served, should he become guilty, if he poses a threat to society. if there's a danger in releasing him. they can convene in a panel. they can keep him detained three years. and reconvene every three years after. they can impose a life sentence here. but it will be done every three years or so to keep him behind bars. >> that's the good news. there would be a way. jay, how right now on this monday, is the city of oslo a
the treasury department we learned no longer has a stake in chrysler. a big loss for the u.s. government, though, how much did this eventually cost taxpayers? >> well, they tout it as a success. they say they have recovered 90% of the initial investment, which was $12.5 billion. keep in mind, the government may no longer be involved in chrysler, but it still holds a 32% stake in general motors. coming back to chrysler, the majority owner is now fiat, the italian carmaker. by the end of thisse eyear, the will own around 59%. the rest of course is owned by the united auto workers. have a great weekend. >> i appreciate it. thanks very much. >>> as the national unemployment rate rises to 9.2%, there is one area in california specifically that actually is predicting significant job growth. according to a new study released this week, silicon valley employers plan to expand their workforce by 15% over the next two years. nbc's tom brokaw has the latest from that region. >> reporter: silicon valley, the moth moth mother load of high tech has the biggest names to go public for astronomical price
that the boehner problem is anything more than a big wet kiss to the right wing and i mean the tea party. that's who i mean. it's too bad his caucus is being run by such a small number of people. >> what about the president's plan? when i asked the president's plan, his aides point to a speech and a veto threat. with all due respect, congress can't vote on a speech. and a veto threat won't prevent default. >> we are urging the republicans now to step back, put their party caucuses aside, put their pledges to grover norquist aside, put their caucus pledges to one congress manor the other aside, and put this country first. >> it's unfair of the president of the united states to lead from behind. it's unfair of the president of the united states not to come forward with a specific plan that perhaps could be considered by both bodies, but only to go out and give lectures. >> we are not going to hold this country hostage to the tea party. that's where it's at. you know, those folks over there, about 80 of them and maybe even more of those republicans, they pledged to grover norquist. i want to pled
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this, the overseas, uae with a big lead late in the game, deciding to rub it in against their opponents from lebanon. you know what they do when somebody does this? the penalty takes, the player takes the kick with the back of his heel and scores. i wouldn't be walking home alone tonight sports fans, that guy's going to get beat. unbelievable. it's a good shot. the goalie is thinking, what the heck is he doing to me. coming up at the top of the hour on "morning joe," president obama laying down a veto threat on the only republican budget plan in the house. the question would be -- can he the american economy survive the american political system. we discuss that with joe, mika and our all-star panel. >>> and we'll huddle around this water cooler was cuffed, dragged to prison on her wedding day. couldn't the police at least have waited until the honeymoon? >>> book back live today on "way too early." when you we speak about the debt limit these days, it's a term that a lot of people outside washington may not have heard until recently. the concept is one that has roots in a major event i
picturesque morning for the last shuttle landing ever. obviously the heat is the big story, yesterday oppressive heat across the country, that has now arrived on the east coast. you will feel it this morning in the humidity levels that are much higher than yesterday. we have heat warnings in orange that spread from tulsa, chicago, pittsburgh, all of ohio and right up the busy i-95 corridor. this is the amount of moisture in the air, and that dew point is high. the heat index today going to be ridiculous. we had a chance for some near record highs. as advertised, two days in a row, it gets better by sunday. >> this is just impressive heat. it's not pleasant but it's impressive as you look at it from a distance. >>> time now for a little bit of sports and we begin with tiger woods firing his long-time caddie steve williams. this move ending a 12-year relationship where tiger won 72 times worldwide, 13 majors on his website lt gray said i want to express my deepest gratitude but i think it's time for a change. basically you can walk. woods did not say he would -- who he would replace wil
Search Results 0 to 9 of about 10